Versarien Share Discussion Threads

[grabster] 11/7/2019 09:23

In my earlier post 72688 (6:25am today) my list of companies bigger than £1bn who remain on AIM omitted the nine biggest ones! (some very well known ones). Now corrected.

[pshevlin] 11/7/2019 09:19

I've got them all in ISA's (not squillions unfortunately). I emptied my trading account this year partly because I wanted to dissuade myself from gambling and especially because they won't let you trade on tick in an ISA.

[nellyb] 11/7/2019 08:46

So although you are currently not getting any dividends, perhaps a long term view should be considered by buying/bed & breakfasting your holding into an isa. Not so good if you have squillions of them like some have.

[chillpill] 11/7/2019 08:02

Don’t you know FGR are going to be cashflow positive next quarter.

The chairman publicly stated it at the time of the recent financing.

I suspect he needs some Graphene enhanced fire resistant underpants!

[owenga] 11/7/2019 07:52

SpidI love it that you are so interested in Versarien.. a valid question raised for once. The current production capabilities is 3 tonnes of graphene nanoplaletes but only 1.5 tonnes of nanene. From memory the starting product goes through the process twice to get to nanene.Ps. Are you an employee or director of FGR.

[owenga] 11/7/2019 07:49

A fairly poor trading statement from Haydale this morning. Could see an all time low share price today over there!

[cheek212] 11/7/2019 07:34

Personally I am expecting VRS to be massively bigger and the biggest company on AIM only has a market cap of £3.4bln. I am thinking the size of a herd of unicorns rather than just a few!!

[lovat scout] 11/7/2019 07:34

For an II not to invest in a company because it is listed on AIM is a red flag for their funds in my book, as they are not widening their investment scope as far as possible.

An II goes through a checklist before making a new investment and high up the list is corporate governance amongst many other things. Historically AIM has had too many bandits as CEOs but this does not mean a company listed there can’t have strong boards and procedures.

The days are long gone for IIs to rely on the listing rules of any market to protect their investments hence the enhanced due diligence process. Yes AIM does have less stringent requirements than a premium LSE listing but there are plenty of Main Market companies over the years that have matched the bad boys of AIM for poor standards and outcomes.

In short the listing location is not as important as the strength of the board, management, strategy and processes when deciding to make an investment.

AIMHO etc and another rant over!!

[spideyyy] 11/7/2019 07:27

Last night on BBC east there was a report on Graphene infused paint and the environmental benefits.obviously nothing to do with us but it all helps to get the story out there of this wonder material

[jointer13] 11/7/2019 07:26

I am sure the company will do whats best re. listings...I suppose it depends on the situation at any particular time.

[redstone64] 11/7/2019 07:20

On the subject of AIM listing I am a believer that the company should do what is in their interests for their needs to expand but at the best interest of shareholder value. That means potentially giving better access and liquidity to trade shares for strategic investors and to realise value for all existing holders in terms of valuation.Where the company is now in revenue terms and current investor base AIM looks appropriate, however as the initial orders move to large scale production and depending on the location of those involved then overseas dual listing or U.K. main market listing may become desirable or even a condition for some future investors based in other geographical locations.Personally, I'm not a fan of a tax break that ties an individual to one particular share until their own demise as the ability to adjust a portfolio according to changes in individual and those of the underlying investment is, I believe, sound investment strategy.

[rogerbridge] 11/7/2019 07:15

Sitting here very confident about the share price, all the ducks are lined up and it’s just a matter of time.

AECOM would be nice to settle before the China inward investment. Even if it is not, I am sure Neill will extract the maximum amount of cash possible from the Chinese.

[grabster] 11/7/2019 06:36

I mention this link only because it identifies Versarien collaborator BP Polymers as an "industry giant",

[grabster] 11/7/2019 06:25

AIM isn't all tiddlers - it includes several companies worth over a billion:

Burford (BUR) size £3,293m
Hutchison CM (HCM) size £3,048m
Abcam (ABC) size £2,950m
Fevertree (FEVR) size £2,705m
Boohoo (BOO) size £2,455m
ASOS (ASC) size £2,161
RWS Holdings (RWS) size £1,767m
Clinigen (CLIN) size £1,338m
Secure Income (SIR) size £1,291m
DART Group (DTG) size £1,224m
Keywords (KWS) size £1,189m
Halstead (JHD) size £1,157m
Gamma (GAMA) size £1,098m
GB Group (GBG) size £1,084m
Blue Prism (PRSM) size £1,075m
Hurricane (HUR) size £1,057m
Breedon Group (BREE) size £1,035m

Were those companies to switch to the main market they would go somewhere in the FTSE250.

As currently structured, VRS would be 650p a share when it tops a billion. Plenty to go for.

If VRS joined the main market at present it would be nowhere near the FTSE250 (being only a quarter of the size needed). The FTSE main market is in four tiers; the hundred biggest are in the FTS100, the 250 next biggest are the FTSE250 (the 100 + the 250 comprise the FTSE350), next is the 'Smallcap Index', and below that the Fledgling Index. VRS at present would go into the Smallcap Index. There is no promotion/relegation between AIM and main market - AIM sits alongside the main market not beneath it. Smallest companies on AIM are worth almost nothing, biggest over £3bn.

Routine promotions and relegations apply (those about to enter or depart each band will often sit just below or above the thresholds pending their move - and the number within the top two tiers will be slightly greater than 100 and 250 at times). FTSE100 members range from around £4bn to over £200bn. FTSE250 members range from around £700m to £4bn. All very rough figures.

[luckykids] 11/7/2019 05:20

Sorry if pasted before. Interesting as using graphene ink from Cambridge


and

[spid81] 11/7/2019 00:45

Good Morning Davemac

Versarien released the following investor presentation the other week.



For some reason, the link doesn't work anymore.

On page 6 it has the following comments.

Full Commercial Capacity
⬢ In 2 years, Nanene
production has increased
1000 fold
⬢ >1 ton/pa by end of 2018
⬢ Potential capacity of 3 ton/pa
by end of 2019
⬢ Hexotene potential capacity
of 1 ton/pa by end of 2019

I thought the 3 tpa machine was already fully commissioned.

[cheek212] 10/7/2019 23:43

Plus I would rather benefit from a massive increase in the company's share whilst I'm alive rather than worry about what I'm leaving to my soon to be rich beneficiaries!!

[cheek212] 10/7/2019 23:40

Personally I don't think we will ever hit the stratosphere whilst we remain on AIM - we need more II to do that, many of whom wouldn't touch an AIM listed company with a barge pole! We will only get so far before we have to move, like it or not.

[runthejoules] 10/7/2019 23:14

Silly question - if an AIM stock switches to ftse250 etc do you lose the tax benefits even if you held it for 2 years as an AIM stock?

[grabster] 10/7/2019 21:42

Alchemy - personally I prefer the company to defer the expensive switch to multiple full listings and stick with the much MUCH cheaper AIM listing for at least another year - though I do look forward to those bigger market listings eventually.

[alchemy] 10/7/2019 20:47

Fair enough.As long as he blows some whistles along the way too?

[sandbag] 10/7/2019 20:43

Alchemy,

AIM listing is important to many of we older investors. I also believe that NR would get great pleasure from sending an AIM company stratospheric to metaphorically show his middle finger to those he said laughed at him in his early days.